Waterfront North Bay Road home lists for $15.9M

Miami /
Jan.January 06, 2016 05:15 PM

A Miami Beach allergist-immunologist has listed his waterfront home in Miami Beach for $15.9 million, or about $2,400 per square foot. 

Dr. Philip C. and Phyllis Mirmelli own the home at 6500 North Bay Road. County records show the Mirmellis paid $530,000 for the property in 1988. The 6,637-square-foot residence, originally built in 1950, was recently renovated. It includes six bedrooms, seven bathrooms and nearly 250 feet of water frontage. It sits on a 17,532-square-foot lot.

Fabian Garcia-Diaz and Allan Kleer of Fortune International Realty are the exclusive listing agents. The owners spent about $250,000 in exotic trees and landscaping, Kleer told The Real Deal. It hit the market on Wednesday.

Garcia-Diaz and Kleer said they are marketing the property to their client base as well as through Fortune’s partnership with New York-based affiliate Town Residential. The property includes two docks that can fit up to a 100-foot yacht, as well as a custom-built second-story master suite with panoramic views.

North Bay Road is home to a number of new spec homes, although Garcia-Diaz said the property at 6500 North Bay Road is not a tear-down. Developer Peter Fine is building a 15,000-square-foot spec mansion at 6440 North Bay Road, priced at $30.5 million. His firm, To Better Days Development, is also building a spec home at 6010 North Bay Road.

The bayfront strip has also attracted such celebrities as Ricky Martin, Matt Damon and Calvin Klein, who announced in May that he was selling his home at 4452 North Bay Road for $16 million. Also last year, singer-songwriter Phil Collins bought Jennifer Lopez’s former North Bay Road waterfront mansion, at 5800 North Bay Road, for $33 million.


Related Articles

arrow_forward_ios
Chris Bosh and his North Bay Road home, 6396 North Bay Road (Getty, One Sotheby’s International Realty)
Chris Bosh sells waterfront Miami Beach mansion for $15M
Chris Bosh sells waterfront Miami Beach mansion for $15M
Billionaire hedge fund manager Dan Loeb and renderings of 6440 North Bay. (Third Point, To Better Days Development)
Billionaire hedge funder Dan Loeb buys waterfront Miami Beach estate: sources
Billionaire hedge funder Dan Loeb buys waterfront Miami Beach estate: sources
Phil Collins is in contract to sell his waterfront Miami Beach mansion amid a legal battle with his ex-wife, Orianne Bates. (Getty, Coldwell Banker Realty)
Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M
Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M
David Grutman with a rendering of the home (CMA Design Studio)
Hospitality mogul David Grutman wins approval for waterfront mansion
Hospitality mogul David Grutman wins approval for waterfront mansion
4404 North Bay Road with Cindy Crawford and Rande Gerber (One Sotheby's, Google Maps, Getty)
Cindy Crawford, Rande Gerber paid $10M for waterfront Miami Beach teardown
Cindy Crawford, Rande Gerber paid $10M for waterfront Miami Beach teardown
Julian Cohen and the lot at 5840 North Bay Road (Jahmar Amani, Google Maps)
Spec home developer Felix Cohen sells North Bay Road lot for $17M
Spec home developer Felix Cohen sells North Bay Road lot for $17M
Karlie Kloss and Joshua Kushner with 2318 North Bay Road (Getty)
Karlie Kloss, Joshua Kushner revealed as buyers of Miami Beach mansion
Karlie Kloss, Joshua Kushner revealed as buyers of Miami Beach mansion
Gabe Plotkin with 6360 and 6342 North Bay Road (Google Maps)
Melvin Capital founder revealed as buyer of $44M Miami Beach property: sources
Melvin Capital founder revealed as buyer of $44M Miami Beach property: sources
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...